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Q10. What is the change in net working capital from 2022 to 2023 based on the information provided below? (6 points) 2022 2023 Sales $740
| Q10. What is the change in net working capital from 2022 to 2023 based on the information provided below? (6 points) | ||||||||||
| 2022 | 2023 | |||||||||
| Sales | $740 | $785 | ||||||||
| COGS | 430 | 460 | ||||||||
| Interest | 33 | 35 | ||||||||
| Dividends | 16 | 17 | ||||||||
| Depreciation | 250 | 210 | ||||||||
| Cash | 70 | 75 | ||||||||
| Accounts receivables | 563 | 502 | ||||||||
| Current liabilities | 390 | 405 | ||||||||
| Inventory | 662 | 640 | ||||||||
| Long-term debt | 340 | 410 | ||||||||
| Net fixed assets | 1680 | 1413 | ||||||||
| Common stock | 700 | 235 | ||||||||
| Tax rate | 35% | 35% | ||||||||
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The Economics Of Money Banking And Finance
Authors: Peter Howells, Keith Bain
2nd Edition
0273651080, 978-0273651086
